Components and Production Systems
FIAT GROUP CLOSES SECOND QUARTER WITH REVENUES UP 5% TO €23.3 BILLION AND EBIT AT NEARLY €1 BILLION, WITH EMEA EBIT BREAK-EVEN FOR THE QUARTER.
NET INDUSTRIAL DEBT REDUCED TO €9.7 BILLION AND LIQUIDITY INCREASED TO €21.8 BILLION. GUIDANCE FOR THE YEAR IS CONFIRMED
The Group no longer reports Trading Profit as a supplementary performance assessment measure.
* Adjusted for the retrospective application of IFRS 11. For Q2, Revenues -€44 million, EBIT +€16 million, Profit before Taxes +€1 million, Net profit unchanged. For H1, Revenues -€94 million, EBIT +€20 million, Profit before Taxes +€5 million, Net profit unchanged. Shipments for both Q2 and H1 2013 adjusted to include Luxury Brands.
¹ EBIT plus Depreciation and Amortization.
² At 31 March 2014.
³ At 31 December 2013, adjusted for the retrospective application of IFRS 11: Net Industrial Debt +€365 million, Total Available Liquidity +€16 million.
(**) includes unusual items of:
4 Includes: Gain/(losses) on the disposal of investments, Restructuring, Other unusual income/(expenses).